Back

Bullish Case: Supply chain recovery and digital transformation trends may bolster HPQ demand, leading to potential gains.


Bearish Case: Continued economic instability and competitive pressures could deteriorate HPQ's market position and depress stock performance.


Potential Outcomes:

1. Tech consumption rebounds, HPQ gains (60%).

2. Economic downturn adversely affects HPQ (40%).

3. Unforeseen events shift market drastically (10%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


March 28, 2024


HP Forecast

HPQ        HP
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with HPQ



TXN Forecast + Options Trading Strategies   [TXN]  Texas Instruments (0.78)


ALK Forecast + Options Trading Strategies   [ALK]  Alaska Air (0.76)


EQR Forecast + Options Trading Strategies   [EQR]  Equity Residential Properties (0.76)


CPA Forecast + Options Trading Strategies   [CPA]  Copa (0.74)


ARKG Forecast + Options Trading Strategies   [ARKG]  ARK Investment Management LLC - ARK Genomic Revolution (0.74)



Uncorrelated Stock Forecasts

Assets with little price relationship to HPQ



UVE Forecast + Options Trading Strategies   [UVE]  Universal Insurance (0.0)


WAL Forecast + Options Trading Strategies   [WAL]  Western Alliance Bancorp (0.0)


IR Forecast + Options Trading Strategies   [IR]  Ingersoll-Rand (-0.0)


FNGS Forecast + Options Trading Strategies   [FNGS]  Bank of Montreal - ZC SP ETN REDEEM 08/01/2038 USD 50 (-0.0)


SMCI Forecast + Options Trading Strategies   [SMCI]  Super Micro Computer (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HPQ



TIGR Forecast + Options Trading Strategies   [TIGR]  UP Fintech (-0.54)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.56)


UUUU Forecast + Options Trading Strategies   [UUUU]  Energy Fuels (-0.6)


ARLP Forecast + Options Trading Strategies   [ARLP]  Alliance Resource (-0.6)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.61)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!